2019-08-13T13:53:40-05:00 2018-09-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2017-10-01 462719381 Glorieta 20 Inc GLOR 5057576161 11 State Road 50 Glorieta NM 87535 Anthony Scott Executive Director 5057576161 2019-08-13 1 Ashley Peabody P01385870 7195286225 139.146.132.42 2019-08-13 14:53:32 ED P 939CABF33978586245AD12F267B07D3CE69A3B3E A9ABC15431AB42C8FAFD925EE4D8700C9FEA75D6 2017 2019-02-21 02:37:17Z Anthony Scott 11 State Road 50 Glorieta NM 87535 8709507 0 X glorieta.org X 2013 NM Please see Schedule O for the mission statement. 6 5 322 125 0 0 2739910 1653559 6582722 6257017 5145 12799 360953 492844 9688730 8416219 28374 17193 0 0 2379483 2380025 0 0 739 7795862 5055431 10203719 7452649 -514989 963570 9913100 10552353 1946529 1569786 7966571 8982567 X Glorieta's mission is to inspire Christ-like change through outdoor activities, authentic relationships, and Biblical truth. 0 0 5661268 17193 6510865 Nestled in the foothills of the Southern Rockies, Glorieta (the Camp) is a mountainous escape that is perfect for the casual camper, outdoor adventurer, or extreme sport enthusiast. While the climate and unbeatable activities draw many here, the experiences and relationships formed make the greatest impact. The programs are loaded with more than just fun: each is carefully tailored to inspire and transform lives towards a deeper relationship with Christ.The curriculum at Glorieta is equally far from ordinary. Tough issues are tackled head-on with straight talk - uncompromisingly Biblical, laced with grace, and delivered with humility. See Schedule O for continuation. 5661268 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 49 0 1 322 1 0 0 0 0 0 0 0 0 0 0 X 6 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Jeff Ward 5057576161 11 State Road 50 Glorieta NM 87535 X David Weekley Chairman 2.00 X X 0 0 0 Terry Looper Vice Chairman 2.00 X X 0 0 0 Leonard Russo Secretary/Treasurer 2.00 X X 0 0 0 Rusty Walter Board Member 1.00 X 0 0 0 Laura Roman Board Member 2.00 X 0 0 0 Willie Langston Board Member 2.00 X 0 0 0 Anthony Scott Executive Director 40.00 X 0 0 43200 Jeff Ward CFODirector of Finance & Administration 7.00 X 0 0 32400 0 0 75600 0 0 0 0 Everyone's Roofing & Construction 202 N Mustang Rd 207 Mustang OK 73069 Roofing repair 589885 Miller Bonded Inc 4538 McLeod NE Albuquerque NM 87109 Plumbing 528868 A-Plus Plumbing & Heating Inc PO Box 9719 Santa Fe NM 87504 Plumbing 350891 Glorieta Geoscience Inc PO Box 5727 Santa Fe NM 87502 Environmental consulting svcs 226725 New Image Construction HCR 72 Box 5 Ribera NM 87560 Construction 199553 10 140613 1512946 30000 1653559 Camps and retreats 721210 6257017 6257017 6257017 12799 12799 89493 42242 47251 47251 47251 504894 251046 253848 253848 Insurance proceeds 900099 167621 167621 24124 24124 191745 8416219 6510865 0 251795 X 17193 17193 20103 17691 2412 1773125 1560350 212775 65832 57932 7900 401579 353389 48190 119386 105060 14326 25625 25625 7738 7738 864013 6557 857456 211464 211464 11782 11782 51540 32908 18632 1625154 1463499 161655 121918 116922 4996 460123 451519 8604 160137 131854 28283 Food and Activities 1339325 1285893 53432 Staff Development 107694 48719 58975 Administrative costs 68179 68179 739 739 7452649 5661268 1790642 739 X 293072 483539 845 200856 326892 112900 107147 95913 148531 151822 10119269 1779365 7709458 8339904 935039 1167419 392116 0 9913100 10552353 1368604 326427 116744 470347 461181 773012 1946529 1569786 X 7966571 8982567 7966571 8982567 9913100 10552353 X 963570 1550 50876 X X 0 1 X 1 0 X 3863874 3374328 2053413 2739910 1653559 13685084 2860367 5207072 6616924 6994372 6761911 28440646 6724241 8581400 8670337 9734282 8415470 42125730 0 0 0 42125730 94005 104309 82215 106656 102292 489477 94005 104309 82215 106656 102292 489477 29737 55265 65401 191745 342148 6818246 8715446 8807817 9906339 8709507 42957355 0.98060 0.01140 X Schedule A, Part III, Line 12, Explanation of Other Income: Misc income - 2014 Amount: $ 29,737. 2015 Amount: $ 55,265. 2016 Amount: $ 65,401. 2017 Amount: $ 24,124. Insurance rebate - 2017 Amount: $ 167,621. Schedule A, Part III: The organization is a public charity under section 509(a)(2) and completes Schedule A (Form 990), Part III. The organization has analyzed Schedule A (Form 990), Part II and established that it meets the 33 1/3% public support requirements under sections 509(a)(1) and 170(b)(1)(A)(vi), thus it qualifies to use the first listed special rule for Schedule B (Form 990) reporting. X 1 0.25 0 0 0 1 1 0.00 0 2635551 2635551 4249940 439983 3809957 2380124 1230214 1149910 853654 109168 744486 8339904 Advances from affiliated camps 773012 773012 8751890 8700 344164 352864 8399026 17193 17193 8416219 7735894 7150 293288 300438 7435456 17193 17193 7452649 Part II, Line 5: The organization regularly inspects to confirm there is no development on the area and makes sure the use of the area is in compliance with the easement. Part II, Line 9: The organization's conservation easement is not reflected in the financial statements. Part XI, Line 2d - Other Adjustments: Direct rental expenses 42,242. Cost of goods sold 251,046. Accum depreciation write off for assets disposed of in the prior year 50,876. Part XI, Line 4b - Other Adjustments: Scholarships 17,193. Part XII, Line 2d - Other Adjustments: Direct rental expenses 42,242. Cost of goods sold 251,046. Part XII, Line 4b - Other Adjustments: Scholarships 17,193. 1 Scholarships 60 17193 Part I, Line 2: Scholarships are need-based and recipients are chosen based on an application. Scholarships are applied directly against registration fees and no cash changes hands. Texon LP Entity more than 35% owned by Terry Looper, Vice Chairman 156498 Texon LP provides propane for the camp facilities. Glorieta 2.0 pays standard market rates for the propane. 0 X 1 30000 similar sales 2 0 0 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part I, line 1, Mission statement: To inspire Christ-like change through outdoor adventure, authentic relationships, and biblical truth. Form 990, Part III, line 4a, program service description continued: The staff of devoted and inspired believers has been specially trained to provide a morally and physically sound infrastructure that is safe, inspiring, and most of all, life changing. Our Mission is to inspire Christ-like change through outdoor adventure, authentic relationships, and Biblical truth. Our vision is to fully utilize the resources God has given us, inspiring each individual to leave Glorieta more Christ-like, ready to make a difference in their own life, home and community. Form 990, Part VI, Section A, line 2 Board members Terry Looper and Leonard Russo have a business relationship. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the Director of Finance & Administration. The 990 is then provided to the board members for their review and approval prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Glorieta requires an annual signed statement from officers and board members which discloses any and all conflicts of interest with the organization. The board of directors is reponsible for reviewing the signed statements. The Director with the conflict of interest may not vote or be present for voting on the matter. The Board of Directors shall determine whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. Proposed or ongoing transactions are monitored through ongoing conversations with the board members as major transactions arise. Form 990, Part VI, Section B, line 15 The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions. Form 990, Part VI, Section C, line 19 Glorieta 2.0 makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part VII: Glorieta 2.0, Inc. has entered into a shared services agreement with Camp Eagle. Under this shared services agreement, Camp Eagle provides certain administrative and accounting services to Glorieta 2.0, Inc. Anthony Scott and Jeff Ward are employees of Camp Eagle. Form 990, Part IX, line 11g Shared services expense: Program service expenses 0. Management and general expenses 705,647. Fundraising expenses 0. Total expenses 705,647. Other: Program service expenses 6,557. Management and general expenses 151,809. Fundraising expenses 0. Total expenses 158,366. Form 990, Part X, Lines 27 - 29 In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 9/30/18. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $8,982,567 Line 29 - Net assets with donor restrictions 0 ---------- Total net assets $8,982,567 Form 990, Part XI, line 9: Accum depreciation write-off for assets disposed of in the prior year 50,876. Form 990, Part XII, line 2c Glorieta's board assumes responsibility for oversight of the audit of its financial statements and selection of an independent CPA firm. This process has not changed from the prior year.